Tag Archives: Flexsteel

Flexsteel Net Jumps 32.8 Percent for Q4

Flexstee

DUBUQUE, Iowa-Flexsteel Industries concluded its fiscal year on June 30 on a strongly positive note with a 32.8 percent gain in fourth-quarter net income, to $5.6 million. For the full fiscal year, net income totaled $15 million, up 14 percent from the previous year. Net sales in the quarter rose 8.9 percent to $111.1 million,More »

Flexsteel Sales Gain 19 Percent in Q2

Flexstee

DUBUQUE, Iowa-Flexsteel Industries posted a 19 percent gain in its second-quarter net sales, to $112.5 million, part of a record-breaking 17 percent increase in net sales for the first half of its fiscal year. Net income for the quarter, which ended on Dec. 31, fell 60 percent to $1.2 million. Much of this falloff cameMore »

Flexsteel Net Jumps 31.2 Percent in Q1

Flexstee

DUBUQUE, Iowa-In what a statement described as the company’s “strongest first quarter in history,” Flexsteel posted a gain of 31.2 percent in net income, to $3.8 million, for the quarter ending on Sept. 30. First-quarter net sales tallied $104.3 million, an increase of 14.4 percent, driven primarily by a 16 percent improvement in residential netMore »

Flexsteel Q4 Net Down 3.6 Percent

Flexstee

DUBUQUE, Iowa-Although sales improved at a healthy rate, Flexsteel’s fourth-quarter net income fell 3.6 percent to $4.2 million. For the fiscal year ending on June 30, net income rose 0.6 percent to $13.2 million, the highest the company has ever reported. Net sales in the quarter increased 8.6 percent to $102 million. Most of theMore »